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Bankruptcy (Noun)

Inability to discharge all your debts as they come due; "the company had to declare bankruptcy"; "fraudulent loans led to the failure of many banks".

Nouns denoting natural processes.

The company's financial struggles led to bankruptcy, resulting in the loss of hundreds of jobs.
After years of struggling to stay afloat, the small business was forced to file for bankruptcy.
The city's inability to pay its debts led to a declaration of bankruptcy, causing widespread concern among residents.
The entrepreneur's latest venture ended in bankruptcy, a setback that would take years to recover from.
The economic downturn led to a surge in personal bankruptcy filings, as many individuals found themselves unable to pay their debts.

A legal process intended to insure equality among the creditors of a corporation declared to be insolvent.

Nouns denoting acts or actions.

A state of complete lack of some abstract property; "spiritual bankruptcy"; "moral bankruptcy"; "intellectual bankruptcy".

Nouns denoting natural processes.

The recent scandal exposed the moral bankruptcy of the politician who had built a career on corruption.
His writing lacked creativity and depth, reflecting his intellectual bankruptcy.
After a decade of playing to empty halls, the theatre's spiritual bankruptcy was undeniable.
Her music was no longer relevant, and the lack of meaningful lyrics showed her artistic bankruptcy.
His ideologies and claims to care about social welfare proved to be an absolute financial and emotional bankruptcy when it was revealed that he owned shares in polluting industries.